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By a tad. SpaceX's worth is an order of magnitude more than Twitter's debt. I doubt any serious person considering buying shares in SpaceX will spend even a mom
by BeetleB 5mo ago
By a tad. SpaceX's worth is an order of magnitude more than Twitter's debt. I doubt any serious person considering buying shares in SpaceX will spend even a moment worrying about Twitter.
- ben_w 5mo agoThey probably should. I've seen people concerned a subsidiary's GDPR fine would be calculated on the basis of the parent company's global revenue, and in Musk's case something similar has happened in Brazil where Starlink's assets were frozen and justified in part because of how Musk fails to properly delineate between his businesses.
- generj 5mo agoThe EU also lacks incentivizes to not harm SpaceX. The US government as a whole, and DoD in particular wants SpaceX around to deliver cheap mass to orbit. Europe on the other hand would love any judgements which give their rockets a chance to catchup. So they won’t temper an investigation or fines accordingly.